Former Australian Treasurer Says Aged Care Forms Too Complex

Former Australian Treasurer Says Aged Care Forms Too Complex
Then Australian Federal treasurer Peter Costello attends the Liberal Party of Australia's Federal Council June 1, 2007 in Sydney, Australia. Ian Waldie/Getty Images
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Former treasurer Peter Costello told a royal commission that despite his financial literacy, he had trouble filling out complex aged care paperwork and has no idea how someone going into a nursing home could be expected to do it.

The federal government uses asset and income tests to determine how much people pay for residential aged care or services provided in their home.